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is a highly regarded securities lawyer, a professor at the university of san diego law school, and an expert on sarbanes-oxley. >> the idea was to have a criminal statute in place that would make ceos and cfos think twice, think three times, before they signed their names attesting to the accuracy of financial statements or the viability of internal controls. >> and this law has not been used at all in the financial crisis? >> it hasn't been used to go after wall street. it hasn't been used for these kinds of cases at all. >> why not? >> i don't know. i don't have a good answer to that question. i hope that it will be used. i think there clearly are instances where ceos and cfos signed financial statements that said there were adequate controls, and there weren't adequate controls. but i can't explain why it hasn't been used yet. >> we told partnoy about eileen foster's allegations of widespread mortgage fraud at countrywide and efforts to prevent the information from reaching her, the federal government, and the board of directors--in violation of the company's internal controls. i mean, th
about what the second amendment is and what it is is not. so did ted cruz not go to law school? has he ever been to law school? >> i believe he went to harvard law school. do they teach law there? >> did they teach ted cruz to read what the supreme court said, especially in the landmark, the landmark decision regarding second amendment rights over 200 years was written in 2008. i'm just wondering why would he use his seat on the judiciary committee if he went to harvard to -- to -- to put forward a willfully ignorant statement about this bill violating the second amendment, because it does not. and ted cruz knows it does not. so who is he playing for? is he playing for -- for -- for people who can't read, for illiterates? i don't understand. you know, a lot of people out there that support ted cruz's position that will say, this is not a violation of the second amendment, however, i have real concerns because you take this first step, the next thing you know they are trying to overturn heller and try to get my shotguns and try to get my hundreding rifles. i don't mean to go on and on h
on repealing the president's health care law which is law of the land, being enacted in over 25 states. is he a serious political figure, a serious policy figure in republican circles? >> he is a serious political figure and a serious policy figure in the republican party, but the governor's criticism about the budget is spot on. its formulations are not based in reality. obama care has been validated by the court, it was validated in the last election, it is the law of the land. i think that it is important for republicans to communicate clearly to the country about the costs and future of the interest payments on out of control spending, that's an absolute threat to our future prosperity. we're going to have to deal with that as a country. when you put forward the plans and proposals, particularly when you're the minority party, particularly when you're out of power, it ought to be a document that's grounded in reality, in truth telling to the american people. >> reality and truth telling, endangered species in some circles. steve schmidt and howard dean, thank you both for joining me. >> y
put something into law and businesses know about it. and that really, not until a business gets to be about 100 employees, do they start having, according to the california employers association sort of in-house human resources person on staff. so this really helped us to sort of demonstrate the complexity. i think our kind of message is with the task force is more regulation may not necessarily be the need to deal with wage test and that we need to strengthen what is there. so that was kind of orientation was to demonstrate the amount of regulation that is currently there. and then i wanted to with the last two items are calendar item march 19th general services agency and contract monitoring division as parts of march as being international women's month for the commissioner on the status of women. they are doing a women's business enterprise workshop for women lbes and sbes and march 13 and march 23, thank you commissioner adams for the connection that bart is holding their revamping a program for small business program. and so they are do{alt+}{alt+shift+}dner kleinwort w
bills. >> that is agriculture, law enforcement, search and rescue, border patrol, coast guard... >> they are requiring law enforcement to require permits. they estimate the unmanned drone business could be worth $34 billion over the next few years. >>> ben bernanke is announcing the feds will continue to hold interest rates right where they are. they are likely to continue their debate on the cost of jaun tatetive easing -- quantitative easing and he will hold his conference shortly after 11:00 our time. >>> they could see twin kiss back on the shelves. they are paying $410 million for the brand-name recipes and 5 factories. it is up to the new owners to hire back the former hostess workers. >>> a former study links sugars to death. they have linked 180,000 deaths and of that number, 2 5,000 were americans. the data comes from the american beverage association but the story is more about sensationalism than science. >>> it is going to cost you a quarter to get paper bags in santa cruz. a countywide charge of 25 cents per gay bag is set to gush per bag is set to go into effect
, unmanned drones have many practical uses. they have introduced two bills. >> that is agriculture, law enforcement, search and rescue, border patrol, coast guard... >> they are requiring law enforcement to require permits. they estimate the unmanned drone business could be worth $34 billion over the next few years. >>> ben bernanke is announcing the feds will continue to hold interest rates right where they are. they are likely to continue their debate on the cost of jaun tatetive easing -- quantitative easing and he will hold his conference shortly after 11:00 our time. >>> they could see twin kiss back on the shelves. they are paying $410 million for the brand-name recipes and 5 factories. it is up to the new owners to hire back the former hostess workers. >>> a former study links sugars to death. they have linked 180,000 deaths and of that number, 2 5,000 were americans. the data comes from the american beverage association but the story is more about sensationalism than science. >>> it is going to cost you a quarter to get paper bags in santa c
ourselves. we don't have laws in place to protect us. we don't have laws that protect the infrastructure. that i think is what the president is trying to work with the ceos on because it becomes very --. melissa: like what? what kind of law would protect us here? what law would make a difference? >> well i think the big thing you have to have minimum cybersecurity standards. i know the u.s. chamber of commerce has a different view on this but the basic idea is this. is that you have some minimum standards that evolve as technology evolves. something that the government hasn't really done yet. but they need to get into the business of developing standards that change with the times, that change with technology. and that can be enforced. you don't want to have onerous burdens on business. you want to protect everybody from the possible threats out there. in essence what we're doing we're protecting utility th we have that is known as the internet. melissa: gentlemen, nation for coming on. good stuff. >> thanks, mecal list a, again. melissa: turning briefly to the big non-financial news of
to teachers. under the law they have to issue notices by march 15 but this bill pushes the date back so they have a better idea of their budget and don't send out more notices than necessary. >> they be to give -- they have to give it out before they know what the state will give them. >> however the california teachers association is opposed to this bill say it doesn't give teachers enough time to find new jobs. >>> time to start planning for the weekend, the temperature changes i am tracking and st. patrick's day. >> last seen alive in san jose, what police say witnesses may have seen that could solve this case. >> they lost their only child in the connecticut shooting, their plea for a solution to predict and prevent another tragedy. h
it on the ballot and try to write into minnesota law, which ten years later, just about, we voted that down. i'm proud of that. minnesota citizens looked at that again this fall because legislatures did vote to put it on the ballot. it was wrong nine years ago and i think it was still wrong. voting in that circumstance, not just for me, but for our state, i'm hopeful now for our nation that people will recognize we shouldn't be discriminating and have laws on the book that discriminate against our friends, our neighbors and fellow citizens. >> what you did yesterday in minnesota is something i have never seen. it wasn't just a public apology, but you did it in the body you used to work. what was it like to go back in there in that role and tell them what you had to tell them? >> it was very freeing. the emotion came because it literally occurred to me as i sat down, this is a public apology. i was there to say trust me when i tell you that you can vote your conscience and your own compass and be okay. i should have done it. i regretted i didn't do it. it was -- it was very liberating quite hon
that i call this the black hole law. because what the federal government is doing, expanding the size and scope of the black hole of information of your banking records that they will be able to access across the board exposing people to even further threats. the biggest problem is what we're dealing with here this law, this proposed rule coming out of the treasury is creating more questions than answers. >> we don't know what the limits are. the way the deal works, greg, as i understand it, the treasury department does have the authorities when banks, let me make this clear, banks report what is called suspicious customer activity. now, you tell me. as i understand it now, the cia, nsa, intelligence agency, they can go right into the banks themselves? is that what we're talking about? >> first, you need to understand the scope of information that is provided by banks is far larger than most people think. because banks overcomply here, and it's going to provide access to the fbi to basically all law enforcement agencies now, which includes the cia, nsa, so many others, but also, larry
that has already said that under state law that's legal. >>steve: okay. so now that some states are eyeing ways to block upcoming federal gun control laws, has president obama set the precedent? joining us now, fox news judicial analyst judge andrew napolitano. >> very clever. president, precedent. >>steve: this is interesting. the president says when it comes to pot, we've got bigger fish to fry. when it comes to gun laws, what say you? >> there's a very practical reason why the president is going to back off on enforcing federal laws against the recreational use or any use, for that matter, of colorado and washington. that's because in those states it is now illegal for employees of the state -- that would be not just administrators and bureaucrats, but police -- to help the feds enforce federal law. and what most people might be surprised to know is the federal government does not have the person power and resources to enforce all federal laws on its own. it needs the assistance of state and local police as well. they don't have that in colorado and washington because marijuana is lawfu
is expected in monterey county now the law sets claim -- lawsuits claim they have bad medical care and poor mental health facilities. >>> this controversial idea involves poke and one said that bike plan would be a disaster for local businesses. >>> you were covering a crash last time, how is that looking? >> it is looking okay and fortunately there are no major injuries and usually when a car flips over and rolls over a few times, the person just got out and stayed out of the car, it was a nice miracle and traffic is looking well. 880 looks good as you head out to the mcarthur maze and when you get to the bay bridge toll plaza, it is looking good but it looks a touch lighter than usual because of that crash upstream on carlson. now again it just surprises me nobody was injured and there is still a mess coming in from panola richmond let's go to steve. >>> already, thank -- all right thank you sal. weekend looks good, mostly sunny mild maybe even warmer by sunday and we have a weak system coming in and this looks like a one and a half and done, but the main area of dynamics that will not af
sweat. introducing new secret clinical strength stress response scent. >>> those voter i.d. laws are keeping likely democrats from casting ballots. that's the conclusion of a new study that finds that voter id laws disproportionately hurt younger, minority voters. the study found two-thirds of young african-american voters, were asked to show i.d. before voting compared to 40% of young white voters. compared with their white counterparts, significantly more of those african-americans and latinos said their lack of an i.d. kept them from trying to vote in the first place. the study was conducted by researches for the university of chicago and washington u. out in st. louis. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ >>> welcome back to hardball. the differences between president obama and republicans shows no sign of snare rowing. zero republicans voted to advance th
. if congress passes a law which taxes wealth -- that is a bank deposit -- yes, it could happen here. in practice, it will not happen here. >>ainsley: it will be a riot. >> plus america can print its own money. you can print dollars to get out of trouble if you're in extreme situations. cyprus uses the euro, somebody else's currency. >>brian: the problem is this is the deal they cut in order to survive. the e.u. gave them this money and said this is some of the austerity things you must do. >> cyprus is bankrupt. it needed an extra $13 billion to keep going. the europeans said we'll give you the money, but you've got to give some of it back from the deposits of everybody in the country. so they're going to take money out of your private bank account in order to pay for this bailout. that breaches a very important principle. until now if you're in a bankrupt country, the bondholders, the people who lent the country money, they were the losers. now it's the citizens directly. >>ainsley: they haven't done it yet, so these people are running to the a.t.m.'s getting their money out. >> bu
's financial crimes enforcement network. under existing law banks and other financial institutions are required to file reports anytime they red flag suspicious activity such as the movement of more than $10,000 in a single transaction, unusual structuring of accounts and so forth. the fbi enjoys full access to these report, but the nation's intelligence agencies must make case-by-case requests for them. this new document proposes the database be linked directly to the nation's intention agencies. for these reports to be of value in detecting money laundering, reuters quotes the treasury document as saying. >> reporter: when the director of national intelligence, general james clapper, testified before congress on tuesday, he said money laundering measures more than a trillion dollars a year, and he lamented deficiencies in our ability to track it all saying inadequate anti-money laundering regulations and lax enforcement of existing ones are challenging international law enforcement efforts. and general clapper, it'ses also worth noting, put financial crimes right alongside cyber warfare as, q
and there are similarities and the one similarity on this trading floor is look at the gm bankruptcy in the rule of law in the pecking order of financial liabilities, are there similarities? does it rhyme? there's definitely a little anxiety here and how it works is out anybody's guess. right now safety doesn't seem to be as rampant as one would expect. look at a two-day chart of ten and certainly we're down a handful of basis points, but if you open the chart up year to date you can see the pattern and it hasn't been violated that much and we're in a seven-week low yield and look at the backyard of cyprus and you see a different picture and these are ten-year booms and look at year to date and we're making new year to date low yield on the boom because the comp is it's under 140 close on december 31st. let's switch gears here. let's look at a november 1st start date to the euro. you can see that the euro right now is hovering at the lowest levels based on the close that we don't yet know about december 7th. pearl harbor day and it was comping back to november because it isn't on its lowest levels. if
't understand the law. at worst it is misleading the american people. as we all know now, the sequester is not a cut. this is federal spending. without the sequester continuing to go up. this is federal spending with the sequester continuing to go up. the difference between this and this is 2%. instead of being able to hire 100 additional t.s.a. agents, the government can only hire 98. these 3,000 new jobs, some of them could be to replace people that left. but some also are new jobs. why? because the president has the power to move money around. he can't take money from justice and send it to defense. but he can take money from the army and send it to the navy. he can send money from the g.s.a., the government services administration, which owns all these buildings in washington, and move it to some support staff. he can find ways to get the people to do the work that he needs, not withstanding his protest that he couldn't. >>brian: judge, in the sequestration legislation, it allows that flexibility? >> not in the sequestration legislation, brian. it's because we don't have a budget. e
, elected today. first those voter id laws are keeping likely democratic voters from casting ballots. that's the conclusion of a new study that finds that voter id laws disproportionately hurt younger, minority voters. the study found two-thirds of young african-american voters, for example, were asked to show ids before voting compared with just over 40% of young white voters. compared with their white counterparts, significantly more of those african-americans and latinos said their lack of an id kept them from trying to vote in the first place. the study was conducted by researches for the university of chicago. [ female announcer ] with every twist and turn... i need a clean that keeps up. new olay fresh effects' vava vivid's vibrating bristles twist and turn for a va va voom clean so sparkling fresh! new olay fresh effects. >> translator: i announce to you news of great joy. we have a new pope. >> habeus papam. today's papal election marks the first time the pope has come from south america or anywhere in the americas. he took a name francis. what will this new pope mean for latin ame
members who are calling to restrict money from the president's health care law as part of legislation to fund the government. >> i believe that trying to put obama care on this vehicle, risks shutting down the government. that's not what our goal is. our goal here is to reduce spending. >> current funding to keep the government operating runs out on march 27th. >>> new bills tightening controls on the sale of guns are headed to the full senate. but there's real doubts over whether democrats can muster support to turn the suggestion into law. the bills limiting the high-capacity magazines and background checks have narrowly passed a key committee. and debate boild over when ted cruz challenged die in an feinstein on whether her plan is constitutional. >> it seems to me that all of us should begin as our foundational document with the constitution. and the second amendment in the bill of rights provides that the right of the people to keep and bear arms shall not be infringed. and the question i would pose to the senior senator from california would she deem it consistent with the bill
for this market? we keep -- we hit eight consecutive all-time highs and the laws of gravity have to kick in at some point. >> unfortunately or fortunately, people have been expecting that pullback for almost three weeks or so, give or take. when it comes, does that mean it will be bigger than we're expecting? not necessarily, but we have not seen a real down day of any significance in weeks. and i think we're -- maybe we're getting a little too complacent on the upside. >> we're two points away from that all-time high on the s&p. we've got 30 seconds left. and really, as you know t, the last few days, we've seen the market really kind of hit those numbers as we go into the close there. we'll see what happens. warren myers, thank you very much. up eight point s on the s&p, up 80 points on the dow. this will be the second best gain of the year. however, will this last? you've got expiration day tomorrow. you've got the stress test results coming out. shelia bair will be talking, our new secretary treasury as well. that's coming up on the next hour of the "closing bell." see you tomorrow. >
.m. in south carolina. this is the first federal election in south carolina since they passed a law requiring photo id. justice department personnel will be monitoring to be sure they're in compliance with the voting rights act and we will be watching, too. results tomorrow night. >>> time for the "the last word with lawrence o'donnell." thanks for being with us. >>> good evening from washington where the chairman of the republican party assembled a group of narrow-minded, out of touch, stuffy old men to tell republican leaders that they are narrow-minded, out of touch stuffy old men. fewer debates, more outreach, earlier convention. >> the republican reboot is under way. >> much awaited sweeping election autopsy. >> cause of death, massive full body trauma. >> focus groups described our party. >> as quote narrow minded. >> as narrow-minded. >> out of touch. >> out of touch. >> stuffy old men. >> stuffy old men. >> pretty scathing. we know that we have problems. >> is this a communications problem? >> our principles are sound. >> there's a lot of talk about the language in the presentation. >
at the borders to make sure people aren't bringing out large amounts of cash. normally under european law, that would be prohibited. but there are exceptions for emergencies. it's going to be pretty tough here over the next couple of days, larry. and if they don't come up with a deal, which people still think is actually quite possible, this could be a situation where we're talking about a country leaving the euro. but we're not there yet. back to you. >> all right. many, many thanks, michelle caruso-cabrera, we appreciate the update. you'll continue to give us live reports tomorrow on cnbc throughout the day. meanwhile, the finance minister of cyprus will present a plan to russia tomorrow that apparently would have the oil and gas company restructure the cypriot banks in return for full natural gas exploration rights. of course, this would bail out the russian money launderers and other depositors in the cyprus banks. no doubt, russia is invested in this crisis. the country reportedly keeps $19 billion in personal deposits in cyprus. nobody knows what that means. nobody knows what the pa
against former president george w. bush alleging the war violated international law. >>> a tragic military accident near reno, nevada, an explosion during a training exercise has killed seven marines and injured several more. military officials say a mortar exploded as it was being set off during a live fire training exercise at the hawthorne army depot. last night's tragic accident has prompted a worldwide moratorium on the specific weapon until it's been determined that weapon is safe enough to continue using. >>> bitter disappointment for dianne feinstein, her bill which creates a national ban on assault weapons was removed from the gun control legislation set to go before the full senate next month. senate majority leader harry reid told feinstein the ban will be offered as an amendment. experts say it had little chance of passage. feinstein awe co-authored the ban that expired after ten years. >>> there were gasps in ohio courtroom as a confessed high school shooter insulted his victims' families by flashing them his middle finger. he also removed his button-down prison overshirt to r
some in his party to defund president obama's health care law as part of a key government spending bill. >> our goal here is cut spending. it's not to shut down the government. i believe that trying to put obamacare on this vehicle risks shutting down the government. that's not what our goal is. our goal here is to reduce spending. bill: there is clearly disagreement on that front. assuming the senate passes the spending measure the house will have to take it up by the end of the march, march 27th, 12 days from now. that is the day the government's current budget authority will expire. six minutes past the hour. martha: market is on a tear lately, right? it reached another milestone in the bull market recording the 10th straight day of gains on thursday. that is the longist winning streak since november of 1996. very impressive in terms of new highs reached. let's bring in fox business network's charles payne with his thoughts on this. how significant is this run, charles? >> it is extraordinarily significant, in a sense to your point one for the record books so far. there are only coup
. that story ahead. >>steve: the president's likely pick for secretary of labor, a supporter of sharia law. that guy? that guy? coming up next. my wife takes centrum silver. i've been on the fence about it. then i read an article about a study that looked at the long term health benefits of taking multivitamins. they used centrum silver for the study... so i guess my wife was right. [ male announcer ] centrum. always your most complete. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. watch this -- alakazam! ♪ [ male announcer ] staples has always made getting office supplies easy. ♪ another laptop? don't ask. disappear! abracadabra! alakazam! [ male announcer ] and now we're making it easier to get everything for your business. and for my greatest trick! enough! [ male announcer ] because whatever you need, we'll have it or find it, and get it to you fast. staples. that was easy. there's no subtext... just tacos. yeah, it's our job to make you wan
the letter of the law than in a place like cyprus and the european union and over let issue is the country and seeing whether or not they can back fdic insurance and we don't have that problem at this point. >> cyprus is hoping to raise money from their bank deposit tax because when the banks do open up and they're closed until thursday. if you're a russian oligarch with $1 billion in a cypriot bank account that is facing a 9.9% tax above 100,000 euros you are going to pull that out and go to jersey -- not new jersey, the cayman islands. >> and they will have it. >> they say it will be one time. >> they'll raise 10 billion and 20 billion. >> they'll come back and that's the issue. >> no, they won't. they'll raise 10 or 20 billion in a one-time move and they'll lose hundreds of billions and the european markets will wipe out hundreds of billions in capital. >> they're doing what they need to do to raise the 5.8 billion euros to get the imf and ecb bailout and they'll deal with the consequences tomorrow. >> this is the old imf. when the imf came to korea in the '90s. when the imf came to lat
which was richard stein's sist in law owned a number so there's one painting in the show called young sailor which was owned by sarah stein. and we know that when matisse painted it he also painted another version of it. he brought them both back to paris and showed them to gertrude stein's slightly older brother and showed him. and they talked about it. so this idea of pairss one is in -- owned by the statin museum. there are partners on this exhibition and that was really and that was really another genesis. it's not an exhibition about pairs though it's an exhibition about progression. he painted in pairs since the mission of world war i. it's less this idea of comparison but about process and repeated images. >> rose: what does this exhibition show about his evolution as a painter. >> it was clear from the first paintings 17899 the year he turned 30 and was considering quitting his career as an artist because he needed to support his family to the very last pictures that he was interested in color and light. and how do you combine those two things in a painting. >> rose: review
asked to have flexibility in implementing the existing welfare law. the administration said sure, as long as the changes you want to make don't weaken the rules on welfare and work. it was republican governors asking, republican governors and democratic governors and the obama administration says yes, provided we protect the welfare and work requirements. republicans decided to lie about it and say the president and the administration did exactly the opposite of what they actually did. he took the work requirements out of welfare. he just wants a free ride for everybody. he's buying votes with the free welfare, obama money. it's not true at all. it was the opposite of what the administration had done. the republicans thought they had something. mitt romney made a campaign ad out of it. a few days before the election, romney made another campaign ad out of the same untrue thing. it was a lie. it was debunked. it was one of the brighter, more obvious campaigns of a campaign filled with lies. it was the lie you only try in the hottest heat of an election year when you are desperate
is the rule of law being brought into question. can rules about depository insurance change over the course of a weekend? i think the size of cyprus right now, what it represents directly is not a threat. we're assessing. but if this is contained in some broader bailout oriented scheme, i think it could be something weathered by the markets. that said, the rule of law being brought into question is not a good thing. >> steve sacks, are you seeing a reaction in some of the european etfs out there? or are you seeing the same kind of money mentality going into exchange traded funds? what are you seeing out there? >> maria, it's really the same reaction we're seeing in broader equities today. you know, basically an overreaction. you know, we saw higher volumes in volatility spike on the open this morning with that gap lower. we've seen volumes in money flows just sort of steady out throughout the course of the day. obviously a lot of talk this morning on wall street about, you know, what happened over the weekend, you know, with cyprus. at the end of the day i think the market pretty quickly di
that we see going on between what happened in the sarbanes-oxley law. when it was passed, we saw a lot of merger and acquisition activity that took place. a lot of companies basically copitch lating because they couldn't cover the cost. we've got two major pieces of legislation that are taking place right now in the dodd/frank bill, in the financial sector, and in obama care, and in the health care sector. i think you're going to see some of the same things happening. you're going to see a lot of merger and acquisition activity. i like manhattan partners here. >> who gets hardest hit, as a result of obama care and dodd/frank? where are the areas of this market that you want to avoid, given this higher regulatory environment? >> when you see the passage of the sarbanes, you saw a lot of the smaller companies. they merged the together because they needed to get the economies of scale to cover the cost of all that regulation. i think you're going to see some of the same things happening -- >> smaller and mid-cap -- >> exactly. >> rick santelli, we did not forget about you, i assure you. w
to terrorism. the response to the embassy bombings in africa were treated as law enforcement issues, but 9/11 turned our responses into the global war on terror, and the congress is still debating the president's authorities in that arena, the drone debate. whether a particular cyber attack meets the threshold of being an act of war is likely to depend very much on the political and military situation at the time that that happens and not necessarily on any definition that you could put in place up front, sue. >> speaking of that, we know that treasury secretary jack lew is this china this week and a big part of his agenda is addressing these cyber attacks. you have news on the man that chinese group that reportedly has been sitting those u.s. sites recently, including some of the banks. >> yeah, that's right. i have been talking to the folks at mandian. it's the private american consulting firm that put out the ground breaking report in which they named the chinese army unit they suggested was responsible based in shanghai for attacks on american companies. they are telling me they, in fa
of -- no commitment that we're going to pay out of general revenue. it is under the law and under past practice it had to be self-financing from its own budget. you know, that could change, but that's not the case now. >> i'm glad you mentioned that there are, um, a number of folks on both sides, both chambers of congress that have really taken clear positions opposing the chain cpi, and i think that's not gone unnoticed by either advocates or people who would be impacted. another notable individual who's championed this issue is senator sanders. so there are a number of folks who have really made a point of making clear this is not something they support for their constituents. i think you also make another great point which is whenever we're making proposals or having discussions about policy changes that impact people, um, we can't be looking at them in silos because they, the programs interact, and we have to be looking at the combined effects x. it's hard to do, as dean said, when we have a lot of theoretical ideas out there, and we don't really know what's coming or what's going to actually take
laws. i begin my conversation with the man who coined the phrase "irrational exuberance" in 1996, by asking whether we're anywhere close to that giddy spirit right now. >> nowhere close. the characteristics of what has been going on recently are actually more related to the removal of various types of what we call mor areas of uncertainty, and the so-called tail risk, meaning the risks that are very unlikely to happen. but if they do, they have a very large impact. europe has been hanging over the american markets now for quite a while. and the removal of that risk, at least temporarily, i think it is only temporary, has enabled the underlying forces of the market to begin to come into vision. and what those forces are, are the deep-seated exceptional discounting that is going on of stocks to a point where so-called equity premiums are virtually the highest level in history. that means that it is very difficult to get the stock market to go down significantly from here. >> so you think, then, that earnings aren't as big a significant contributor to where stock prices are, the fed
after they said she should be in court and said she does not understand california's laws. >>> they are making government records more accessible and they are aimed at helping people find building permits and even abandoned homes. >> there is this perception that the underclass in oakland is not using the internet when in fact they do. >> it is part of a international mall project code to make it more accessible. it will give fans a searches for empty seats and engulfs them -- and gives them options to upgrade their seats and this app has not been set yet. >> sal knows all about the morning commute, 208 and everything else -- 280 and everything else. >> i am the real person doing this for you and traffic is doing well on most commutes and we are getting busy as many commutes begin to
pat end law do you need to know to make a cool device? are you looking at me? >> you're the one devising cool devices, not me. draw me an animal that's never with four legs because that's what you know. >> litigation is one thing, but it has become so hard to differentiate and keep innovating and out-innovating the companies, software and hardware. >> when you give up, who would have thought some of these things would occur. motorola has a very long history. arguably they invented cell phones, and i just visited libertiville in illinois, headquarters there, and i -- i felt like a big macintosh vision. felt so at home. >> a huge compliment. >> queues of engineers geeking out late at night. i was at home. coming home. >> let me ask you about this book. it's a book about self-publishing. >> yes. >> you, too, can make a book. if a book is any good, wouldn't a publisher want to publish it in the first place? >> oh, you're hurting me, man. >> you've got 11 books. >> first of all, "author, publisher, entrepreneur. there are five companies in new york that basically pick the winners and
. >>brian: they're elected to keep law and order. what sparked this fight on the parliament floor? a proud dad posted this picture of his son who passed a hunter safety course on facebook. next thing he knows cops are raiding his home and threatening to take his kid. that dad, that son are here next. vo: from the classic lines to the elegant trim in each and every piece, bold will make your reality a dream. all your imptant legal matters in just minutes. protect youramily... and launch your dreams. at legalzoom.com we put the law on your side. >>alisyn: police showed up at his home and threatened to take away his kids. the reason? this facebook picture of his 10-year-old son who has a hunting license holding his new license hunting rifle. did the police go too far in this case? joining me is sean and his son josh. welcome, gentlemen. friday night, sean, you posted, as i understand it -- or i should say you posted this picture of your son, josh, ten years old, to facebook on last week and then friday night the police and the department of child services showed up at your door. what did they
gay marriage. >> and this cardinal fought against that law. >> yeah, and argentina has had it for a couple of years now and it hasn't floated off into the ocean. >> you know what else argentina has, penguins. gay penguins! [♪ dramatic music ♪] >> he fought against that new law tooth and nail. and he is very very against gay adoption. >> at least he is a dinner pope. he gets his meal at 5:00 instead of 3:00. >> he is 73. he is not a young pope. >> somebody asked me on twitter, everybody was saying that the next pope was going to be from african, and i said everybody knows that the first pope after george, with comes w pope. >> stephanie: all right. steve doocy. >> we know this is simply a tactic. the participateresident is not serious about reaching across the aisle, but he saw his poll numbers imploding -- [♪ dramatic music ♪] >> serving a ploy my friends. do not trust the black man in the white house. >> stephanie: yeah, he literally can't do anything that fox news won't find something wrong with. >> so the president cured cancer. now there is going
jobs. the law stipulates what the costs will be for each agency. those jobs will be lost. okay? and, you can report on white house tours or you can find out what the impacts are out in the real world. [ whistle blows ] hi victor! mom? i know you got to go in a minute but this is a real quick me, that's perfect for two! campbell's chunky beef with country vegetables, poured over rice! [ male announcer ] campbell's chunky soup. it fills you up right. at tyco integrated security, we consider ourselves business optihow?rs.over rice! by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business. when your business is optimized like that, there's no stopping you. we are tyco integrated security. and we are sharper. but take comfort. it may not be you; it may be your razor. upgrade to gillette fusion proglide. micro-thin blades are thinner than a surgeon's scalpel to put less stress on your skin by gliding t
access to because they don't care about the laws passed. and we're going to give the american citizen a peashooter to defend themselves with. >> it exempts 2,271 weapons. isn't that enough for the people in the united states? >> mr. children -- >> do they need a bazooka? do they need other high-powered weapons that military people used to kill in close combat? i don't think so. >> passed by the judiciary committee was a forgone conclusion. what happens next is a big question. >> well, it faces an uphill battle. just how uphill is it? >> yeah. this bill guess to the senate floor probably next month, where it will face very stiff opposition from republicans. but at one of four measures passed the committee and spearheaded by the white house in the wake of the newtown shooting. 20 children killed, six adults when a gunman opened fire with an assault weapon. only a bill to beef up school surety and the background checks are likely to survive. >> steve, live in washington. thank you. >>> thousands of conservatives are meeting near d.c. for one of the biggest events of the mitt cal right, t
controversial law in arizona. right, jamie? >> reporter: right, in fact, i just walked past the supreme court coming in. there was a pretty healthy crowd in line waiting to see the case, which started a few minutes ago. basically, this law was approved in arizona in 2004. it says that if you are going to register to court, you have to -- vote, you have to show documents to prove you are a u.s. citizen. the obama administration opposes it. they offer it's an effort to keep minorities from voting. those for it, says look, it's very simple. it's to stop noncitizens and especially illegal immigrants from voting in u.s. elections. federal courts have been split on the issue. an appeals court did strike it down. this issue has not gotten a lot of attention. it could prove to be a mid one when the court wraps up its term in june. >> a lot of people wonder if a lot of illegal immigrants are starting to vote and according to one poll, they said .001% of florida's voters turned out to be illegal. so why there is so much attention for what really is a small problem? >> reporter: i find the answer is a l
as a bipartisan group of senators gets closer now toen a agreement on overhauling the nation's immigration laws. senator paul says he expects to support that bill but he wants to insert some of his ideas. >>> the dominican republic will take on puerto rico in the world baseball classic championship tonight at at&t park. ♪ >> fans parked the park yesterday and watched the dominican team defeat the netherlands, 4-1. fans said baseball is part of their national identity. puerto rico defeated team sauce to make it to the finals. game time for san francisco is 5:00. >>> march madness begins this week. it's coming soon to san jose. the ncaa regulation basketball court is one of the final steps needed to get hp pavilion ready for the regional in san jose and local business owners are also gearing up for busy days. >> it will be much bigger than any sort of event. typically will be -- typically it will be bigger than a sharks game. cal is set to play unvl on thursday. and then the st. mary's gaels will play middle tenny state. >>> twitter is offering a fitting way to stay in touch with the basketball
law in arizona. right, jamie? >> reporter: right, in fact, i just walked past the supreme court coming in. there was a pretty healthy crowd in line waiting to see the case, which started a few minutes ago. basically, this law was approved in arizona in 2004. it says that if you are going to register to court, you have to -- vote, you have to show documents to prove you are a u.s. citizen. the obama administration opposes it. they offer it's an effort to keep minorities from voting. those for it, says look, it's very simple. it's to stop noncitizens and especially illegal immigrants from voting in u.s. elections. federal courts have been split on the issue. an appeals court did strike it down. this issue has not gotten a lot of attention. it could prove to be a mid one when the court wraps up its term in june. >> a lot of people wonder if a lot of illegal immigrants are starting to vote and according to one poll, they said .001% of florida's voters turned out to be illegal. so why there is so much attention for what really is a small problem?
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